CSX Corporation CSX will release its fourth-quarter financial results, after the closing bell, on Thursday, Jan. 23, 2025.Analysts expect the Jacksonville, Florida-based company to report quarterly earnings at 42 cents per share, down from 45 cents per share in the year-ago period. CSX projects quarterly revenue of $3.56 billion, compared to $3.68 billion a year earlier, according to data from Benzinga Pro.On Jan. 16, Wells Fargo analyst Aaron Rakers maintained Seagate with an Equal-Weight rating and lowere ...

Earnings Release and Estimates - Thermo Fisher Scientific Inc (TMO) is scheduled to release its Q4 2024 results on Jan 30 before market open [1] - The Zacks Consensus Estimate for Q4 revenues is $11.25 billion, indicating 3.3% YoY growth [3] - The consensus estimate for Q4 earnings is $5.92 per share, suggesting 4.4% YoY growth [3] - Earnings estimates have remained unchanged at $5.92 per share over the past 30 days [4] Segment Performance Expectations Analytical Instruments - Expected to generate strong Q4 sales driven by newly launched cutting-edge technologies [5] - Introduced Thermo Scientific Iliad (Scanning) Transmission Electron Microscope in Q4 [5] - R&D 100 Awards honored Thermo Scientific Orbitrap Astral Mass spectrometer in Q3 [6] - Model projects $2.19 billion in Q4 revenues, representing 7.5% YoY growth [6] Life-Science Solutions - Likely experienced sales decline due to runoff of pandemic-related revenues [7] - Launched Applied Biosystems MagMAX Sequential DNA/RNA kit and Invitrogen Vivofectamine Delivery Solutions in Q3 [8] - Bioproduction business likely grew due to strong adoption in pharma and biotech segment [9] - Model expects $2.65 billion in Q4 revenues, indicating 7.5% YoY improvement [10] Specialty Diagnostics - Expected to gain positive contributions from transplant diagnostics and immunodiagnostics businesses [11] - Received FDA approval for Ion Torrent Oncomine Dx Target Test as companion diagnostic in Q4 [11] - Partnered with National Cancer Institute on myeloMATCH precision medicine trial in Q3 [12] - Model projects $1.13 billion in Q4 revenues, suggesting 2% YoY growth [13] Laboratory Products and Services - Revenues expected to increase due to research and safety market channel [14] - Introduced Thermo Scientific iCAP MX Series ICP-MS in Q4 [14] - Opened first electron microscopy demo center (NanoPort) in Taiwan and expanded global laboratory services with new bioanalytical lab in Sweden during Q3 [15] - Model expects $5.72 billion in Q4 revenues, flat YoY [16] Quantitative Model Predictions - Thermo Fisher has an Earnings ESP of +0.65% [17] - The company currently carries a Zacks Rank 4 [17] Other Medical Stocks to Watch - Argenx (ARGX) has Earnings ESP of +44.82% and Zacks Rank 2, expected to release Q4 2024 results on March 6 [18] - Arcutis Biotherapeutics (ARQT) has Earnings ESP of +7.97% and Zacks Rank 2, expected to release Q4 2024 results on Feb 25 [19] - Axogen (AXGN) has Earnings ESP of +36.36% and Zacks Rank 2, likely to release Q4 2024 results on March 4 [20]

Amalgamated Financial (AMAL) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.45%. A quarter ago, it was expected that this bank would post earnings of $0.83 per share when it actually produced earnings of $0.91, delivering a surprise of 9.64%.Over the last four quarters, the company ...

U.S. stock futures were slightly lower this morning, with the Nasdaq futures falling around 100 points on Thursday.Shares of Electronic Arts Inc. EA fell sharply in today's pre-market trading after the company reported preliminary third-quarter results, including a slowdown in the Global Football franchise.EA said it previously anticipated mid-single-digit growth in live services net bookings, but now projects a mid-single-digit decline largely due to a slowdown in Global Football.Electronic Arts shares tum ...

Acquisition Progress - The acquisition of BlackSwan Technologies by HUB Cyber Security is on track, with the definitive agreement signed on January 15, 2025, and expected to close on or about January 28, 2025 [1] - The final steps involve completing routine regulatory and contractual requirements [1] Management's Focus - HUB's management is diligently working to ensure a smooth and proper conclusion of the transaction for the benefit of the company and its shareholders [2] CEO's Perspective - The acquisition is seen as transformative, positioning HUB as a potential market leader in secured data fabric solutions [3] - The deal is expected to unlock significant opportunities for cross-selling and cost optimization, accelerating profitability and cash flow generation [3] Company Overview - HUB Cyber Security was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces [3] - The company specializes in advanced cybersecurity solutions, protecting sensitive commercial and government information [3] - HUB operates in over 30 countries, offering encrypted computing technologies and innovative data theft prevention solutions [3] Forward-Looking Statements - The press release contains forward-looking statements regarding the anticipated benefits of the acquisition, market opportunity, and timeline to closing [4] - These statements are based on current expectations and are subject to uncertainties and changes in circumstances [5] - Risks and uncertainties include liquidity and capital resources, geopolitical risks, competition, and regulatory proceedings [5]

Executive Transition - Michael P Lyons, President of PNC Financial Services Group, is departing to assume the President & CEO-Elect role at Fiserv [1] - Lyons joined PNC in 2011 as head of Corporate & Institutional Banking and was named president in 2024 [1] Leadership Impact - Lyons has been with PNC for 13 years and played a key role in the company's growth and success [2] - PNC Chairman and CEO William S Demchak expressed confidence in the leadership team's ability to continue the company's journey to becoming one of the largest and most successful banks in the US [2] Company Overview - PNC Financial Services Group is one of the largest diversified financial services institutions in the US [2] - The company offers a full range of retail and business banking services, including lending products, specialized services for corporations and government entities, wealth management, and asset management [2]

PHILADELPHIA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against CUSTOMERS BANCORP, INC. (“Customers Bancorp” or the “Company”) (NYSE: CUBI) on behalf of purchasers of CUSTOMERS BANCORP securities between March 1, 2024 and August 8, 2024, inclusive (the “Class Period”). Investors that suffered losses from CUSTOMERS BANCORP (NYSE: CUBI) investments can follow the link below for more information regarding the lawsuit: CLICK HE ...

SYDNEY, Jan. 23, 2025 (GLOBE NEWSWIRE) -- 2024 has been a transformative year for American Rare Earths (ARR), positioning us as a leader in reshaping the U.S. rare earths industry. The re-election of President Trump underscores the United States' renewed focus on securing domestic critical mineral supply chains, a priority for national defense, economic security, and technological advancement. America’s reliance on imports—predominantly from China—poses significant risks. With a JORC-compliant resource of 2 ...

TOKYO , Jan. 23, 2025 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (NASDAQ:LRE) ("LRE," or the "Company"), a Japanese real estate developer of luxury residential properties including single-family homes, condominiums, and hotels (ENT TERRACE series) in Tokyo, Kanagawa Prefecture, and Sapporo City, Japan, today announced its entry into a business alliance agreement, effective November 28, 2024, with interior design firm Prostyle Design, Co., Ltd. (Shibuya-ku, Tokyo; President: Nobuhiro Koga). The purpose o ...

The favorable December inflation reading has eased concerns about the Federal Reserve’s ability to justify rate cuts in 2025. Adding to the positive sentiment is the strong start to the fourth-quarter 2024 earnings season.However, uncertainty lingers with Donald Trump resuming presidency. Key policies under the new administration, including higher trade tariffs, fiscal easing and tighter immigration controls, will be closely watched. Planned tariffs on Mexico, Canada and China starting Feb. 1 have already u ...